January 12, 2004
Ted Pierce, executive director of the Surplus Line Association of California (SLA) announced that Dec. 1, 2003 marks the 65th anniversary of the organization’s stamping office. On this date in 1938, California Insurance Commissioner Rex B. Goodcell and Assistant Commissioner …
January 12, 2004
The governing boards of two of the nation’s largest property/casualty trade groups have agreed to a merger that would have more than 1,000 members and represent 40 percent of the P/C marketplace. The National Association of Independent Insurers and the …
January 12, 2004
Well, it has finally happened. We’ve made it into 2004 with a bang. This Jan. 12 issue marks a watershed moment in Wells Publishing—and insurance industry history! While this may be just another edition of Insurance Journal West to you, …
January 12, 2004
Gilsbar Inc., an insurance services provider based in Covington, La., announced the expansion of its corporate management team with the addition of Maureen Fields. Fields joins Gilsbar as the vice president of Sales and will assume responsibility for management of …
January 12, 2004
PIANJ President John D’Agostino Jr., CIC, joined Holly Bakke New Jersey’s Department of Banking and Insurance Commissioner, and other industry representatives at Governor James E. McGreevey’s press conference on Friday in which he reported significant progress in increasing competition and …
January 12, 2004
The Professional Insurance Agents of Connecticut Inc. and of New York State Inc. will each conduct a member survey to gauge insurance producers’ views of their companies in the two states. The month-long surveys, which have been highly successful in …
January 12, 2004
New York’s Superintendent of Insurance Gregory V. Serio announced the arrest of Joseph Dolcimascolo and his mother, Martha, on charges of insurance fraud in the third degree and grand larceny in the third degree. The pair are accused of filing …
January 12, 2004
Moody’s Investors Service announced that it has affirmed the debt ratings of ING Groep N.V. (ING Group) and ING Verzekeringen N.V. (ING Insurance) at Aa3 for senior debt, A1 for subordinated debt, and Prime-1 for short-term debt. All ratings have …
January 12, 2004
Liberty Mutual Group announced that it has concluded the acquisition process by its Spanish subsidiary, Liberty Insurance, of MetLife’s Spanish operations, including its non-life subsidiary, Genesis Seguros Generales, S.A., and its life subsidiary, Seguros Genesis, S.A. The companies offer auto …
January 12, 2004
Standard & Poor’s has issued a report on the life and P/C industries in New Zealand, which concludes that they face “contrasting futures.” S&P indicated that “While nonlife insurers will maintain credit quality strength, life insurers are going back to …